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ETFs Bought $263.0 Million of Tesla (TSLA) on Nov. 2

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This article first appeared on GuruFocus .

Forty-one ETFs were buying Tesla ( TSLA ) versus 23 selling on Monday, for net ETF buying of $263.0 million. The prior session saw net inflows of $76.3 million, following a net outflow of $108.6 million on Oct. 29. ETF flows have now been positive for two straight days, with buying also recorded on Oct. 28 and Oct. 27.

ETFs Bought $263.0 Million of Tesla (TSLA) on Nov. 2
TSLA GF Value chart

For the full record of ETF and guru buying and selling in TSLA, see the TSLA guru trades page .

Which ETFs bought TSLA on Monday?

The largest buyers by dollar value were QQQ ($135.6 million), SPY ($68.5 million) and IVV ($29.7 million). In all, 41 ETFs added shares and 23 cut them.

ETF

Shares changed

Value

Weight in ETF

QQQ

+335,844

$135.6M

3.50%

SPY

+169,520

$68.5M

1.75%

IVV

+73,620

$29.7M

1.75%

XLY

+40,725

$16.4M

18.57%

+35,964

$14.5M

3.50%

BAI

+14,969

$6.0M

1.44%

+10,512

$4.2M

2.05%

+4,564

$1.8M

1.29%

QQQ led the move with a $135.6 million increase in its Tesla position, lifting its stake by 0.85% to 39,918,475 shares at a 3.5% portfolio weight. SPY added $68.5 million and IVV $29.7 million, while consumer discretionary fund XLY , which carries an 18.57% Tesla weight, added $16.4 million. QQQM contributed $14.5 million, BAI $6.0 million, SPYG $4.2 million and URTH $1.8 million. Tesla operates in the consumer cyclical sector and auto manufacturers industry with a market cap of $1.58 trillion.

Have ETFs been buying or selling TSLA lately?

Over the last 5 reported days, ETFs were net buyers on 4 and net sellers on 1, so the recent trend is mostly buying.

Date

Net value

Buying

Selling

Nov. 2

$263.0M

41

23

Oct. 30

$76.3M

35

20

Oct. 29

-$108.6M

32

24

Oct. 28

$196.5M

30

9

Oct. 27

$40.5M

36

7

What does TSLA do?

Tesla designs, develops, manufactures, sells, and leases fully electric vehicles and energy generation and storage systems, with a strategic focus on bringing artificial intelligence into the real world through autonomous driving and robotics.

Tesla reported trailing-12-month revenue of $103.57 billion, up 7.7% over one year, with gross margin of 19.3% and net margin of 3.1%. Its P/E stands at 438.39, P/B at 17.64 and P/S at 13.62. The GF Score is 87, and GF Value of $358.08 compares with a price of $398.50. Tesla pays no dividend yield in the data and is down 11.39% year to date.

TSLA at a glance

Measure

Value

Price

$398.50

Market cap

$1.58T

Revenue (trailing 12 months)

$103.57B

Revenue growth (1 year)

+7.7%

Gross margin

19.3%

Net margin

3.1%

P/E

438.39

P/B

17.64

P/S

13.62

GF Score

87/100

GF Value

$358.08

Year-to-date return

-11.39%

Compare TSLA's share price with its GF Value , see recent insider trades , or check which gurus own TSLA .

What should investors watch next for TSLA?

Watch whether ETF buying extends the two-day streak, which follows a mixed stretch that included a $108.6 million outflow on Oct. 29.

Based on ETF holdings changes reported for Nov. 2, 2026.

More on GuruFocus: ETF Trends | ETF Screener

What else did ETFs trade on Monday?

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